Presidential Candidate Donald Trump Wont Oppose Online Poker Gambling
Donald Trump may be the most controversial presidential candidate, and his comments have have caused nerves to fray across the political spectrum.
Odds of Donald Trump on offshore sports books place him as 25/1 against him winning the Race to he White House. Against him are three Republican candidates and two Democrats who have much better odds.
History shows that Brarack Obama trailed behild Hillary Clinton at 2-1 margin at the polls at the same critical point during 2007. Mr. Obama’s lead did not begin to shape up until February 2008. Mr Trump, however, is already leading the GOP race in most of the polls.
Involvement and Support for Regulated Online Gambling
He online gambling industry might not want to dismiss Mr Trump’s candidacy. He is a strong proponent of Legalized gaming online. Mr Trump told Forbes in 2011 that it has to happen, he said that many countries were doing it and that the US was missing out.
At the time he made that statement Mr Trump and his Trump Entertainment we then in the planning stages of joint venture for online gaming. Marc Lasry, A New York Hedge-fund manager was at the time named as a partner.
The company forged through this partnership is Poker Ventures LLC, During 2011 the company was incorporated in Delaware and Nevada, and also incorporated in New Jersey July 2013 where they received a Vendors Licence to operate in New Jersey’s interactive gaming industry.
The address for Poker Ventures is the same as the Trump Corporation on their New Jersey License, the Corporate filing have disclosed Mr. Trump as the director. Although Mr. Trump and Poker Ventures never moved into New Jersey’s online gaming market his position on gambling is quite clear.
Trump Entertainment took different path, they partnered with Betfair and Ultimate Gaming under two different Atlantic City resorts.
You will not see Mr. Trumps casino online any time soon as his name could no be licensed for gaming on the internet, it is only licensed to be used at Atlantic City casinos.
Ultimate Gaming insiders have cited that this is one of the reasons that it has failure to capture any meaningful market share.
Competitors at most of the New Jersey casino and poker sites made use of the brand name of Atlantic City casino which is associated with their license in some capacity. Ultimate Gaming was not able to do so.
Betfair had same restrictions before it moved to the Golden Nugget’s license.
It is expected that Mr. Trump would most likely play the iGaming card in his own favor.
Currently Mr. Trump is the leader in the Republican presidential primary polls. This will guarantee him inclusion in the debates as long as he is showing in polls.
Online gaming is not a high priority topic and is not ‘out of he question’ that Mr. Trump could use it to show ho hypocritical his opponents are that favor a states rights position at the same time supporting federal governments ban on online gaming.
Getting this topic out in the open during a presidential debate, could only be a positive step for online gaming and its industry, regardless whether you like the messenger or not.
